All posts tagged shareholders

Investors in SoftBank heaved a sigh of relief after Sprint Nextel shareholders signed off on a megadeal to merge with the Japanese telecom operator.

SoftBank shares rose by as much as 4.2% to ¥5,660 in early Wednesday trading in Tokyo, after news that the Japanese firm cleared a major hurdle in its quest to become one of the world’s biggest mobile carriers as Sprint Nextel shareholders voted overnight to approve the company’s merger agreement with the Japanese telecom operator. Read More »

The billionaire bromance was on display at SoftBank’s shareholder meeting on Friday. The annual meeting had a celebratory tone from the onset since the Japanese firm appears unimpeded in its potential acquisition of Sprint Nextel Corp. after Dish Network Corp. said it would not counter SoftBank’s latest bid to buy the U.S. wireless operator.

During a meeting where Mr. Son was constantly showered with applause and praise, SoftBank board members rose one after another to heap adulation onto the 55-year-old SoftBank CEO. Read More »

After a prolonged slump, Sony Corp. is looking good and its shareholders are taking notice.

Sony’s Xperia smartphones are selling well in Japan, gamers are excited about its upcoming PlayStation 4 and, compared with a year ago, the yen is at more comfortable levels for the company’s bottom line. It finally posted an annual net profit for the first time in five years in the fiscal year ended in March. Read More »

For Toyota Motor Corp. President Akio Toyoda it was something of a rarity–the chance to hold an annual shareholders’ meeting free of any looming crises.

At the meeting, which took place at the company headquarters in the aptly named Toyota City in central Japan, the president of the world’s biggest car maker made note of the fact that his four-year tenure hasn’t been without its fair share of issues. Read More »

With the government inching closer to restarting the first nuclear reactors since last year’s Fukushima Daiichi nuclear disaster, a new battleground between Japan’s pro- and anti-nuclear camps is emerging: the annual shareholder meetings of the country’s big power companies in June.

Japan’s four biggest utilities hold their shareholder meetings on June 27. The meeting that’s drawing a lot of attention these days is that of Kansai Electric Power Co., which relied on nuclear plants to supply around half of its electricity, and operates the Oi nuclear plant, whose No. 3 and 4 reactors are first in line to restart. Read More »

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